$BTC Technical Analysis (Based on your data)
Current Price: 87,799
24h Range: 87,250 – 89,200
24h Change: −0.83%
Volume (24h): ~11,387 BTC
Trend & Moving Averages
MA(7): 87,714 → Price slightly above short-term MA → minor short-term stabilization.
MA(25): 87,989 → Price below MA25 → short-term trend still bearish.
MA(99): 88,054 → Price below MA99 → broader intraday bias remains downward.
Conclusion: Short-term recovery attempt, but overall structure still weak below key averages.
Momentum (MACD)
DIF: −132.87
DEA: −141.47
MACD Histogram: +8.61
Histogram turning positive while both lines remain below zero suggests:
Bearish momentum is weakening
Early signs of a potential short-term bounce, not yet a full trend reversal
Volume
Current volume is moderate, not showing strong accumulation.
MA(5) volume < MA(10) volume → buying pressure is not aggressive yet.
Key Levels
Resistance:
88,450 – 88,900
Major resistance: 89,200
Support:
87,250 (strong intraday support)
Below that: 86,800 – 86,500 zone
Short-Term Outlook
Above 88,000: Price may retest 88,900–89,200
Below 87,250: Risk of continuation toward 86,800
Market currently in a range-bound correction phase
Trading Bias
Scalping: Favor buy near 87,300–87,500 with tight stop below 87,100
Intraday trend traders: Wait for a clean break above 88,900 or below 87,250
No strong trend confirmation yet
If you want, I can analyze 15m / 1h / 4h / 1D separately or give a clear long/short setup with entry, SL, and targets.
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